Street-Level Restaurant
For Sale
$1,199,000
6057 Mission Street, Daly City, CA 94014
The space includes a full kitchen and bar and sits near neighborhood shops and services.
Property Size1,865 SF
Price / SF$642.90
Days on Market27
Property Features for 6057 Mission Street
General Information
Standard status
Active
Size
1,865 SF
Property subtype
Retail
Additional Details
Floor
Ground
Amenities
None, Room Refrig
Tile
Shingle
City Road.
Building Details
Year Built
1963
Listing Agency:
Century 21 Masters
(415) 966-5343
Listed By:
Kriss Miranda
(415) 966-5343
Source:
Xome
Added: Jul 26
Changed: Aug 16
Last Checked: Aug 21 at 4:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Masters
Investment Insights
Based on property information with market context.
This 1,865-square-foot, street-level restaurant property includes a full kitchen, bar, tile interior finishes, and room refrigeration. The space previously operated as a restaurant and karaoke entertainment venue, with restaurant use documented for more than 30 years. Constructed in 1963, the property offers an existing commercial layout for a future restaurant operator.
The property is located at 6057 Mission Street in Daly City, near Top of the Hill. The surrounding area includes neighborhood shops, restaurants, a grocery market, an auto shop, and a laundromat. Public transportation access is provided by the 14-Mission bus line.
The property is located at 6057 Mission Street in Daly City, near Top of the Hill. The surrounding area includes neighborhood shops, restaurants, a grocery market, an auto shop, and a laundromat. Public transportation access is provided by the 14-Mission bus line.
Key Highlights
- 1,865‑square‑foot street‑level restaurant space
- Full kitchen, bar, tile interior, and room refrigeration
- Previously operated as a restaurant and karaoke entertainment venue
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$37,061
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$741,220
$741.2K
Cap Rate 7%
$529,443
$529.4K
Cap Rate 9%
$411,789
$411.8K
Market Conditions
NOI Build-Up for 1,865 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$51.5K $27.60/SF
− Vacancy
−$2.1K −$1.10/SF
EGI
$49.4K $26.50/SF
− OpEx
−$12.4K −$6.62/SF
NOI
$37.1K $19.87/SF
Area
Daly City, CA
Vacancy
4.00%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$741,220
Cap Rate 7%
$529,443
Cap Rate 9%
$411,789
Alternative Uses
Best Use
Specialty Retail
$529.4K
$463.3K – $617.7K
NOI $37,061 @ 7.0% cap · market cap 3.09%
Second Best
Industrial
$320.2K
$280.1K – $373.5K
NOI $22,411 @ 7.0% cap · market cap 1.87%
Theoretical Best
Office A
$821.1K
$718.5K – $958.0K
NOI $57,478 @ 7.0% cap · market cap 4.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,226
Businesses Nearby
72k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 89%
Dining 9%
Apparel 2%
Chevron
Shops & Services
16,298 visits/mo
0.3 miles
AutoZone
Shops & Services
13,741 visits/mo
0.2 miles
7-Eleven
Shops & Services
12,057 visits/mo
0.2 miles
Dollar Tree
Shops & Services
10,276 visits/mo
0.2 miles
AMPM
Shops & Services
10,270 visits/mo
0.3 miles
Demographics for 94014, CA
48,677
Population
15,643
Households
3.1
Avg Household Size
39
Median Age
33%
College-Educated
84%
High-School Grad
6.4 sq mi
ZIP Area
7,606
Density / Sq Mi
$115,513
Median Household Income
$49,144
Median Earnings
$2,089
Median Rent
$979,500
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - The space includes a full kitchen and bar and sits near neighborhood shops and services.
Where is this conventional restaurant located?
The property is located at 6057 Mission Street Daly City, CA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: 1,865‑square‑foot street‑level restaurant space; Full kitchen, bar, tile interior, and room refrigeration; Previously operated as a restaurant and karaoke entertainment venue
